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:14. there is word that president obama is reaching out to republicans on a budget plan. as ktvu kyla campbell reports from our washington, d.c. newsroom he appears to be on board with cutting enment program -- entitlement programs. >> reporter: a senior administration official says president obama's offer would help reduce the deficit by $1.8 trillion over the next ten years. and $400 billion of that would come through changes to medicare alone. other savings would come from a plan to revise cost of living calculations for social security and other benefit programs. this deal is not entirely new. the white house says president obama made this offer to house speaker john boehner in december. the president is expected to officially propose it to congress next week. >>> republicans are not expected to jump at this deal. they are still mad that president obama missed his february deadline of proposing a budget. plus there are new tax increases in his proposal. we'll see who can be shelling out more when i see you next hour. live in washington kyla campbell ktvu channel 2 news. >>> newly released
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